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In this The Liberty Daily article, Tyler Durden argues that Bolt CEO Ryan Breslow’s decision to gut HR and remake the company’s workforce reflects a broader corporate backlash against bloated, woke-era bureaucracy.
- The article opens by comparing Breslow’s approach at Bolt to Elon Musk’s deep staff cuts after taking over Twitter, now X.
- It argues that Musk’s mass layoffs, including major reductions in HR-related roles, did not destroy the platform as critics predicted.
- The piece frames many modern HR departments as internal bureaucracies that create liability concerns, protect low-performing employees, and enforce progressive workplace priorities.
- Bolt CEO Ryan Breslow reportedly returned to leadership in 2025 after stepping down in 2022, then cut 30% of the company’s workforce in April.
- Breslow said he fired the entire HR department because it was “creating problems that didn’t exist,” and replaced it with a smaller people-operations team focused on training.
- Bolt’s valuation reportedly collapsed from $11 billion in 2022 to $300 million in 2025, adding urgency to the company’s restructuring.
- Breslow also eliminated perks such as four-day workweeks and unlimited PTO, arguing that employees had become entitled and complacent during the boom years.
- The article casts Bolt’s downsizing as part of a larger correction in white-collar tech culture, especially after the decline of DEI-driven corporate hiring.
- Durden concludes that companies are increasingly cutting roles and departments that do not directly add value, with HR and DEI functions especially vulnerable.
Read the full story: https://thelibertydaily.com/ceo-saves-his-failing-company-firing-entire-hr/
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